Summit Wealth Partners 13F annual report
Summit Wealth Partners is an investment fund managing more than $452 billion ran by Chad Warrick. There are currently 95 companies in Mr. Warrick’s portfolio. The largest investments include Ishares Tr and Brown Brown Inc, together worth $271 billion.
$452 billion Assets Under Management (AUM)
As of 4th September 2024, Summit Wealth Partners’s top holding is 3,345,014 shares of Ishares Tr currently worth over $250 billion and making up 55.3% of the portfolio value.
In addition, the fund holds 245,050 shares of Brown Brown Inc worth $21.5 billion.
The third-largest holding is J P Morgan Exchange Traded F worth $27.9 billion and the next is Vanguard Whitehall Fds worth $10.7 billion, with 88,459 shares owned.
Currently, Summit Wealth Partners's portfolio is worth at least $452 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Summit Wealth Partners
The Summit Wealth Partners office and employees reside in Orlando, Florida. According to the last 13-F report filed with the SEC, Chad Warrick serves as the CCO at Summit Wealth Partners.
Recent trades
In the most recent 13F filing, Summit Wealth Partners revealed that it had opened a new position in
First Tr Exchng Traded Fd Vi and bought 125,018 shares worth $2.89 billion.
The investment fund also strengthened its position in Ishares Tr by buying
97,301 additional shares.
This makes their stake in Ishares Tr total 3,345,014 shares worth $250 billion.
On the other hand, there are companies that Summit Wealth Partners is getting rid of from its portfolio.
Summit Wealth Partners closed its position in First Tr Exchng Traded Fd Vi on 11th September 2024.
It sold the previously owned 24,964 shares for $564 million.
Chad Warrick also disclosed a decreased stake in Brown Brown Inc by approximately 0.1%.
This leaves the value of the investment at $21.5 billion and 245,050 shares.
One of the average hedge funds
The two most similar investment funds to Summit Wealth Partners are Stieven Capital Advisors, L.P. and Sevenbridge. They manage $451 billion and $452 billion respectively.
Chad Warrick investment strategy
Summit Wealth Partners’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Miscellaneous — making up 4.1% of
the total portfolio value.
The fund focuses on investments in the United States as
34.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
34% of the total holdings value.
On the other hand, small-cap stocks make up only 3.2% of the portfolio.
The average market cap of the portfolio companies is close to $299 billion.
The complete list of Summit Wealth Partners trades based on 13F SEC filings
These positions were updated on September 11th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Tr |
3.00%
3,345,014
|
$249,681,582,000 | 55.29% |
| Brown Brown Inc |
4.59%
245,050
|
$21,451,677,000 | 4.75% |
| J P Morgan Exchange Traded F |
2.65%
541,177
|
$27,872,072,000 | 6.17% |
| Vanguard Whitehall Fds |
0.89%
88,459
|
$10,702,623,000 | 2.37% |
| Spdr Sp 500 Etf Tr |
0.76%
15,341
|
$8,024,294,000 | 1.78% |
| Proshares Tr |
8.86%
103,083
|
$8,503,923,000 | 1.88% |
| Wisdomtree Tr |
1.01%
168,972
|
$5,153,632,000 | 1.14% |
| Vanguard Index Fds |
3.09%
34,288
|
$8,142,397,000 | 1.80% |
| Innovator ETFs Trust |
13.48%
400,707
|
$16,110,896,000 | 3.57% |
| Vanguard Bd Index Fds |
2.71%
77,969
|
$5,768,887,000 | 1.28% |
| Spdr Sp Midcap 400 Etf Tr |
0.06%
6,590
|
$3,666,752,000 | 0.81% |
| Spdr Dow Jones Indl Average |
8.55%
9,027
|
$3,590,722,000 | 0.80% |
| Vanguard Intl Equity Index F |
9.89%
91,664
|
$4,049,398,000 | 0.90% |
| Apple Inc |
1.76%
18,983
|
$3,255,286,000 | 0.72% |
| First Tr Exchng Traded Fd Vi |
Opened
125,018
|
$2,893,930,000 | 0.64% |
| Microsoft Corporation |
3.35%
5,625
|
$2,366,660,000 | 0.52% |
| NVIDIA Corp |
1.01%
2,341
|
$2,115,685,000 | 0.47% |
| First Tr Exch Traded Fd Iii |
31.85%
270,373
|
$6,028,254,000 | 1.33% |
| Vanguard Scottsdale Fds |
7.97%
71,095
|
$4,916,722,000 | 1.09% |
| Pacer Fds Tr |
60.66%
96,406
|
$4,230,742,000 | 0.94% |
| First Tr Exchange-traded Fd |
33.92%
103,178
|
$4,902,789,000 | 1.09% |
| Merck Co Inc |
1.03%
12,483
|
$1,647,178,000 | 0.36% |
| Schwab Strategic Tr |
0.83%
19,691
|
$1,587,699,000 | 0.35% |
| Johnson Johnson |
0.05%
9,946
|
$1,573,428,000 | 0.35% |
| First Tr Exchng Traded Fd Vi |
7.03%
150,827
|
$4,580,699,000 | 1.01% |
| VanEck ETF Trust |
18.48%
14,576
|
$1,310,382,000 | 0.29% |
| Vanguard Specialized Funds |
No change
6,962
|
$1,271,353,000 | 0.28% |
| American Centy Etf Tr |
Opened
19,442
|
$1,562,045,000 | 0.35% |
| American Centy Etf Tr |
306.39%
18,442
|
$1,068,898,000 | 0.24% |
| Jpmorgan Chase Co |
0.02%
5,324
|
$1,066,486,000 | 0.24% |
| Invesco Exchange Traded Fd T |
1.78%
6,084
|
$1,030,483,000 | 0.23% |
| NextEra Energy Inc |
2.69%
15,923
|
$1,017,610,000 | 0.23% |
| Spdr Ser Tr |
0.22%
37,641
|
$949,300,000 | 0.21% |
| Ishares Inc |
1.20%
26,825
|
$1,662,405,000 | 0.37% |
| Managed Portfolio Series |
9.67%
32,243
|
$901,515,000 | 0.20% |
| Unitedhealth Group Inc |
0.36%
1,648
|
$815,266,000 | 0.18% |
| Listed Fd Tr |
5.42%
29,509
|
$1,133,292,000 | 0.25% |
| Amazon.com Inc. |
4.44%
4,301
|
$775,814,000 | 0.17% |
| SouthState Corporation |
No change
8,805
|
$748,689,000 | 0.17% |
| Invesco Exch Traded Fd Tr Ii |
No change
26,744
|
$1,246,456,000 | 0.28% |
| Pfizer Inc. |
0.92%
23,937
|
$664,252,000 | 0.15% |
| Automatic Data Processing In |
No change
2,561
|
$639,584,000 | 0.14% |
| Vanguard Tax-managed Fds |
2.54%
12,315
|
$617,819,000 | 0.14% |
| Caterpillar Inc. |
No change
1,684
|
$617,068,000 | 0.14% |
| Abbvie Inc |
0.06%
3,304
|
$601,667,000 | 0.13% |
| Vanguard World Fd |
1.37%
5,997
|
$1,058,194,000 | 0.23% |
| Home Depot, Inc. |
1.38%
1,506
|
$577,587,000 | 0.13% |
| Procter And Gamble Co |
0.14%
3,459
|
$561,169,000 | 0.12% |
| Paychex Inc. |
No change
4,392
|
$539,302,000 | 0.12% |
| Bitwise Funds Trust |
Opened
10,087
|
$533,761,000 | 0.12% |
| Ishares U S Etf Tr |
15.83%
10,514
|
$530,524,000 | 0.12% |
| Philip Morris International Inc |
0.23%
5,757
|
$527,488,000 | 0.12% |
| Dimensional Etf Trust |
37.71%
36,019
|
$1,182,957,000 | 0.26% |
| First Tr Exchange-traded Fd |
Opened
10,033
|
$484,069,000 | 0.11% |
| Oracle Corp. |
No change
3,722
|
$467,520,000 | 0.10% |
| Invesco Exch Trd Slf Idx Fd |
0.12%
35,377
|
$717,751,000 | 0.16% |
| J P Morgan Exchange Traded F |
Opened
9,133
|
$424,958,000 | 0.09% |
| Vanguard Index Fds |
Opened
2,161
|
$414,574,000 | 0.09% |
| Air Prods Chems Inc |
No change
1,575
|
$381,575,000 | 0.08% |
| Innovator ETFs Trust |
Opened
25,730
|
$1,031,732,000 | 0.23% |
| Exxon Mobil Corp. |
0.19%
3,241
|
$376,709,000 | 0.08% |
| Mondelez International Inc. |
No change
5,333
|
$373,310,000 | 0.08% |
| Tesla Inc |
5.66%
2,083
|
$366,171,000 | 0.08% |
| First Tr Exchng Traded Fd Vi |
Closed
24,964
|
$564,396,000 | |
| Att Inc |
No change
20,369
|
$358,494,000 | 0.08% |
| Verizon Communications Inc |
0.04%
8,467
|
$355,267,000 | 0.08% |
| International Business Machs |
0.05%
1,831
|
$349,730,000 | 0.08% |
| Allstate Corp (The) |
No change
2,000
|
$346,020,000 | 0.08% |
| Ishares Tr |
Opened
12,194
|
$673,754,000 | 0.15% |
| Broadcom Inc |
No change
249
|
$330,027,000 | 0.07% |
| Meta Platforms Inc |
No change
668
|
$324,367,000 | 0.07% |
| Alphabet Inc |
2.79%
2,090
|
$318,223,000 | 0.07% |
| Darden Restaurants, Inc. |
No change
1,858
|
$310,565,000 | 0.07% |
| Eli Lilly Co |
No change
398
|
$309,544,000 | 0.07% |
| Altria Group Inc. |
0.40%
7,010
|
$305,768,000 | 0.07% |
| Intel Corp. |
8.04%
6,867
|
$303,315,000 | 0.07% |
| Chevron Corp. |
0.05%
1,874
|
$295,541,000 | 0.07% |
| Honeywell International Inc |
No change
1,433
|
$294,123,000 | 0.07% |
| Microstrategy Inc. |
Closed
453
|
$286,124,000 | |
| Ishares Tr |
Closed
2,810
|
$281,759,000 | |
| Lockheed Martin Corp. |
0.49%
612
|
$278,300,000 | 0.06% |
| Ark Etf Tr |
2.39%
5,398
|
$270,326,000 | 0.06% |
| Northrop Grumman Corp. |
No change
558
|
$267,092,000 | 0.06% |
| Disney Walt Co |
4.02%
2,149
|
$262,944,000 | 0.06% |
| Marriott Intl Inc New |
No change
1,000
|
$252,310,000 | 0.06% |
| Ecolab, Inc. |
No change
1,091
|
$251,912,000 | 0.06% |
| AMGEN Inc. |
No change
881
|
$250,486,000 | 0.06% |
| The Southern Co. |
2.29%
3,290
|
$236,025,000 | 0.05% |
| Sprott Fds Tr |
No change
4,748
|
$234,029,000 | 0.05% |
| Ishares Gold Tr |
0.70%
5,515
|
$231,685,000 | 0.05% |
| Spdr Gold Tr |
Opened
1,078
|
$221,766,000 | 0.05% |
| Coca-Cola Co |
31.72%
3,601
|
$220,320,000 | 0.05% |
| Vanguard Charlotte Fds |
Closed
4,239
|
$209,258,000 | |
| Innovator Etfs Tr |
Closed
7,137
|
$204,618,000 | |
| Invesco Exchange Traded Fd T |
Opened
5,799
|
$204,063,000 | 0.05% |
| Mcdonalds Corp |
Closed
686
|
$203,263,000 | |
| Interpublic Group Cos Inc |
1.00%
6,149
|
$200,642,000 | 0.04% |
| Denison Mines Corp |
No change
50,929
|
$99,312,000 | 0.02% |
| NexGen Energy Ltd |
No change
10,263
|
$79,744,000 | 0.02% |
| Encore Energy Corp |
No change
12,978
|
$56,844,000 | 0.01% |
| American Lithium Corp |
No change
10,357
|
$7,043,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 101 holdings | |||
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